line of credit
line of credit. The maximum amount of borrowing power extended to a borrower by a given lender, to be drawn upon by the borrower as needed. — Also termed credit line.
LINE OF CREDIT
line of credit
line of credit 授信额度；信贷限额；信用额度 一方向另一方承诺的最高信用限额，通常由银行、零售商、信用卡发放机构向客户提供，从而方便其业务往来，但客户不可突破这一限额。该信用限额一般用于一系列的交易，当额度即将用完时，客户需通过付款来减少负债，从而维持其信用额度。